Corporate Strategies for Business Groups in Emerging Markets

Posted: 24 Aug 1999

See all articles by Tarun Khanna

Tarun Khanna

Harvard University - Strategy Unit

Krishna Palepu

Harvard University - Harvard Business School; Harvard University - David Rockefeller Center for Latin American Research; Harvard Business Review; NBER; International Academy of Management

Date Written: Undated

Abstract

We present a framework, motivated by clinical research and large-sample statistical analysis, for understanding how corporate strategy depends upon institutional context. Since institutional context varies extensively across different countries, we expect that appropriate corporate strategy ought to do so as well. We argue that the diversified business groups that dominate the private sectors of most of the world's economies, including emerging markets like India, can add value by performing the functions of several institutions like quality control organizations, venture capital firms, and management development institutes, that one normally associates with advanced economies, but that are often missing in emerging economies.

JEL Classification: L1

Suggested Citation

Khanna, Tarun and Palepu, Krishna, Corporate Strategies for Business Groups in Emerging Markets (Undated). Available at SSRN: https://ssrn.com/abstract=5186

Tarun Khanna (Contact Author)

Harvard University - Strategy Unit ( email )

Harvard Business School
Boston, MA 02163
United States
617-495-6038 (Phone)
617-495-0355 (Fax)

Krishna Palepu

Harvard University - Harvard Business School ( email )

Soldiers Field Road
Morgan 270C
Boston, MA 02163
United States
617-495-6759 (Phone)
617-496-7363 (Fax)

HOME PAGE: http://drfd.hbs.edu/fit/public/facultyInfo.do?facInfo=pub&facId=6527

Harvard University - David Rockefeller Center for Latin American Research ( email )

1730 Cambridge St.
Cambridge, MA 02138
United States

HOME PAGE: http://www.drclas.harvard.edu/faculty/directory/professors/view/150

Harvard Business Review ( email )

Boston, MA
United States

HOME PAGE: http://hbr.org/authors/palepu

NBER ( email )

1050 Massachusetts Avenue
Cambridge, MA 02138
United States

HOME PAGE: http://www.nber.org/people/krishna_palepu

International Academy of Management ( email )

Avenida Pearson 21
Barcelona, 08034
Spain

HOME PAGE: http://theiam.ws/?person=palepu-krishna

Here is the Coronavirus
related research on SSRN

Paper statistics

Abstract Views
2,711
PlumX Metrics